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    Summary sheet

    Release date
    1 December 2009
    Status
    Reference
    Under appraisal | 01/12/2009
    20090510
    Project name
    Promoter - financial intermediary
    Urban Transport – Tramways I

    Republic of Hungary represented by the National Development Agency

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 46.3 million
    EUR 400 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the extension and the modernisation of public urban transport networks – mainly tramway lines and trolleybus lines – and rolling stock acquisition in three medium-sized Hungarian cities under the Hungarian Transport Operational Programme.

    The proposed project will improve the quality of the public transport services in the cities of Szeged, Miskolc and Debrecen and will increase the attractiveness of public transport services, thus reducing the impact of urban transport on the environment.

    Environmental aspects
    Procurement

    The project is part of the Hungarian Transport Operational Programme that was subject to a Strategic Environmental Assessment in compliance with the SEA Directive 2001/42/EC. The project is a composite operation including the construction of new tramway lines in the towns of Szeged, Miskolc and Debrecen that fall under Annex II of the EIA Directive 85/337/EEC as subsequently amended. For both Miskolc and Debrecen schemes, the Competent Authority decided that an EIA was not required on the basis of preliminary environmental studies. In the case of Szeged scheme, a full EIA was carried out.

    The Promoter is subject to and follows EU procurement procedures (Directives 2004/17/CE and 2004/18/CE), including publication in the OJEU. All contracts have to be tendered through regular and transparent procedures, in compliance with the European Union legal framework, leading to the selection of the most favourable offers, from both economic and technical standpoints.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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